Property Overview & Appeal
This one-storey home at 816 Cloutier Drive presents a compelling blend of space, location, and value. Its standout feature is the exceptionally large, private lot of over 32,000 sq ft, which places it among the top 1% of properties citywide for land area. This offers rare potential for gardening, recreation, or future expansion. The living space is generous at 2,349 sq ft, also well above the Winnipeg average, and includes a renovated basement. Built in 1972, the home is older than many on its street, suggesting a well-established setting but potentially requiring updates. Its recent sale price of $1.29M reflects its elite positioning in the market.
The appeal lies in securing a substantial property in a mature neighbourhood. It suits buyers prioritizing land and interior space over a newer build, and who may see value in a home with good bones that they can customize over time. It’s ideal for those seeking privacy and room to breathe within the city, from growing families to individuals who value outdoor space for hobbies or entertaining.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, layout, and whether it includes legal secondary suites or additional bedrooms.
2. Why is there a significant difference between the assessed value and the sale price?
The assessed value ($75.9k) is for municipal tax purposes and is typically much lower than market value in Winnipeg. The $1.29M sale price is the true indicator of its current market worth, driven by its large lot, living space, and recent sale in a competitive market.
3. How does the older year of construction (1972) affect the home?
While the structure is solid and from a well-regarded era for construction, systems like roofing, plumbing, electrical, and windows may be nearing or past their typical lifespan. Budgeting for potential updates or thorough inspections in these areas is advisable.
4. What are the implications of such a large lot?
Beyond privacy and space, a lot of this size may involve higher maintenance (lawn care, landscaping) and could be subject to specific city zoning bylaws if you're considering future projects like adding a garage, workshop, or pool.
5. The home ranks "below average" for year built on its street. What does that mean?
This indicates the immediate surrounding homes on Cloutier Drive are generally newer (averaging around 1985). This suggests the neighbourhood is desirable and has been progressively updated, but this specific property may be one of the original homes in the area.